Chemmie Sokolic will be teaching an on-line 3-day ASTM Phase I Environmental Site Assessment course on March 5-7, 2024.
This course covers the ASTM Environmental Site Assessment Standard Practices for the Phase I Environmental Site Assessment (E1527). You will gain an understanding of what is required by the standard, how to use the standard, and how the standard affects the way you do business.
The course will also include an overview of the Phase I Environmental Site Assessment Process for Forestland or Rural Property (E2247) and Limited Environmental Due Diligence: Transaction Screen Process (E1528).
We will also discuss the "Landowner Liability Protections" under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), and why due diligence is necessary.
Learning Outcomes
By the end of this course you will be able to:
Recall why the ASTM Environmental Site Assessment Standard Practices for the Phase I Site Assessment (including the Phase I standard for Forestland or Rural Property) and the Transaction Screen Process (E1527, E2247, and E1528, respectively) were developed.
Describe how standards are used.
Interpret how standards affect the way you do business.
Discuss the "Landowner Liability Protections" under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), and why due diligence is necessary.
Discuss changes to E1527.
Who Should Attend
Environmental professionals
Appraisers
Commercial Real Estate Professionals
Property owners
Commercial lenders and financial managers
Attorneys
Commercial Real Estate Brokers
Anyone responsible for reviewing Phase I Environmental Site Assessment reports
Course Description
Regulatory/Liability Overview
Why ASTM?
ASTM E1527 Phase I Environmental Site Assessment Process
Phase I Principles
Records Research
Site Reconnaissance
Interviews
Report Preparation
Non-Scope Considerations
Site Assessment Limitations
Overview of ASTM E2247 Phase I Environmental Site Assessment Process for Forestland or Rural Property
Overview of E1528 Transaction Screen Process
Question & Answer Session
Fee Includes
E1527 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process
ASTM E2247 Phase I Environmental Site Assessment Process for Forestland or Rural Property
ASTM E1528 Limited Environmental Due Diligence: Transaction Screen Process
Course notes
Case studies
Certificate of Completion
1.1 Continuing Education Units (CEUs)
About the Instructor(s)
This course is taught by experienced professionals who are members of ASTM Committee E50.02 on Environmental Assessments and are actively involved in developing and updating the ASTM environmental assessment standards.
About Sponsoring Committee
ASTM standards have grown to be among the world's most widely used and accepted documents. Recognizing the need for authoritative site assessment standards, ASTM gathered together environmental professionals, real estate and insurance professionals, lawyers, and government representatives. These members of ASTM Committee E50 and its Subcommittee E50.02 on Commercial Real Estate Transactions developed the standards upon which this course is based.
Location and format: on-line
Price: $1,299
To register for the class, click here.
For more information about the course, or if you have any due diligence-related questions, please don’t hesitate to reach out to Chemmie Sokolic at csokolic@TheFalconREGroup.com or call (973) 363-9500.